Criteria for rationing goods and resources must be established because of
A) scarcity.
B) the use of capitalism as the method of economic organization.
C) the inability of politicians to develop efficient forms of economic organization.
D) shortages resulting from government inefficiency.

Question

Quizplus · Accepted Answer

Rationing occurs when there is not enough of a good or resource to go around, which is a result of scarcity. Without criteria for how to allocate the limited supply, there could be chaos or unfairness. The other options (B, C, and D) are not accurate reasons for why rationing criteria are necessary.

Criteria for Rationing Goods and Resources Must Be Established Because